Short futures when that dotted line breaks. Stop loss is day's high. Its pretty basic price action.
Please learn it yourself instead of expecting other people to write the same stupid thing of entry and stop loss.
There will be different dynamics of choosing PE. For ATM it is different and for OTM it is different.
SO close that PE when the day's high break irrespective of premium. And it was intraday trade which is already done. Do not do anything now.
I know price action just due to the stop-loss problem got a loss on it. otherwise, it could have been in profit side.
Its at 18K profit. I closed in morning
NRML HCLTECH MAR FUT NFO
0 0.00 567.85 +18,970.00 0.00%
It is not my job. It's your job not to follow some rampant people like me online and put your money in their views. At the end, it is your money which burns.
First trade stop loss hit.
That's why I wrote rentry in the comment and re-entered back.
The only thing that matters to a person is how much he himself made.
Do not comment or like my post. Unfollow. Huge Loss happened today because you unfollowed. Lol.
I have unlimited time to waste. Trader's life. But it is my choice that how I chose to waste my time.
I will troll you endlessly posting comments on comments.
But I will not explain each trade with a huge article because I am a trader. Not an article writer.
But as you asked on the comment, I explained. Also advised not to burn money following random dudes. But it set your ego on fire lol.
Go learn on Youtube or buy some book rather than taking a trade based on some guy's view.
Internet is free since you're born.
Not ALL Random dudes on the internet love to spoon feed other random dudes.
But THE important point is with your superior head you chose to take this trade with 0 knowledge or 1/2 knowledge.
The goal of tradingview is to share ideas from where you can like the idea or if you like, you can trade. If you do not like my idea, don't trade it.
If you have superior brains that don't understand what a monkey-like me posts, unfollow me.
Follow a few Article Writers. That's why Moneycontrol runs lol.